buying volumes are declining. Over bought territory. I believe it is time for bulls to take profit and bears to start shorting
go ahead
I am surely taking profits now...
nothing to complain about
...and opened s amall short, just for the fun of it
so far it appears that the timing was perfect 😀
'So far' yes.
you are right... moving my stop loss accordingly to protect that position...
I don't know if I am 'right' - just thought saying it appeared to be perfect timing was a little early.
Sold a bunch myself to take a little profit, but I think it's either way just now - a couple of days will tell - seems like volumes are around if the market decides. I definitely am not doing any leveraged trading right now.
Good luck - but maybe don't sleep on leverage, eh?